The year 2015 has been quite significant for the startup ecosystem in India. As we welcome the New Year, SutraHR is delighted to present the list of top 100 startups to look out for in 2016. We had a great number of promising entrepreneurs & founding teams with innovative ideas, which made this list of top startups even more challenging to curate.
After the overwhelming response to our last article — list of top 100 startups to watch in 2015, we are back with a more exclusive and finely filtered list of Top 100 Startups to Watch in 2016.
We have listed out the startups based on:
Traction: How well these top Indian startups are receiving a market validation for its business model. Basically, how well the consumers are taking to the product/service.
Potential Market: How big is the market share for the respective product/service. Will the product be welcomed with wide arms in the market or will it be just another not-so-great product.
Pedigree of the Team: The background and professional credentials of the startup's team members. Many of these listed startups are by IITians and past employees of big MNCs as well as professionals with a rich experience in the field.
Scalability: Even if the initial idea of the product/service is extraordinary, is there a chance for the business to grow? These startups have shown great potential and many have also received fundings, while others are not so far behind in line.
Execution:Ideas are easy. It's the execution of ideas that really separates the men from the boys. A really great team finds its happiness in execution because it is more likely to succeed than one which focuses just on ideas.
Disclaimer: We have worked with many startups mentioned in the list, and have built teams & hired extensively for them.
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